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known, the retirement of vice president kevin martin and the retirement of our paralegal, steve johnson. that most recently happened two weeks ago. we are definitely going to fill the void that steve has left, i hope to fill the void and fill the shoes of kevin martin. we know it's a lot to ask but i can assure you that president delanus and i will make every effort to work with the chief as we have done since being on the executive board of the poa for the last 9 years. but before i do i want to acknowledge kevin martin who has 28 years of service not just with the san francisco police department but the san francisco sheriff's department and especially acknowledge steve johnson, who joined the san francisco police department in 1971, served 30 years and since that time has worked tirelessly along with kevin for the rights of our members and he has worked with every commissioner here. he's going to be a big loss to the poa, he wanted to be here tonight, he could not make it. he is in good health and spirits but i do have letters to each one of the commissioners on behalf of steve.
the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the day's top worst performing sectors i should say. new home sales surging to strongest level in more than two years. sales jumping 4.4% from october to an annual rate of 377,000, more good signs that that housing sector much needed to improve the rest of the economy is finally getting a boost. and the number of americans filing new applications for unemployment aid falling to its lowest level in nearly four and a half years. initial claims dropping 12,000 to a seasonally adjusted 350,000 the week prior was revised up by a thousand. da
wong in for pam cook, it is december 27th. >> and mark is here for steve paulson. >> today we get a break and we can go outside without the umbrella and temperatures are off to a cool start, it is only 30 here but let's keep our eyes towards mendocino county, we could have a few showers towards ukiah. skies are becoming partly cloudy and we will look at the forecast highs in your neighborhood and we will break down your next shower chances and right now we will check in with tara, good morning tara. >> good morning, right now we are going to take a live look on the east shore freeway and 101 san francisco same story, traffic is moving well as you make your way towards the airport. let's head back to the desk. >>> police are at the scene of an officer involved shooting in walnut creek. it happened in the area of creek side drive near interstate 880, christian captain arrived on scene, what do you know? >> as you said, this was an officer involved shooting. >> reporter: you can see heavy police presence and we have seen at least a dozen cruisers from walnut creek police and sheriff'
people. time magazine's rana joins us and steve kornacki. it seems to me if you listen to newt gingrich, who has become a commentator every time he's not running for something, you get the sense that you don't want to run against hillary clinton because she's grabbed the scepter. she's quite hawkish on issues like iraq and the middle east generally. i think she's very hawkish xa d compared to most democrats. where is the wiggle room to go against her? >> i completely agree. i think she's done an incredibly great job. she's been incredibly deft at are he positioning the u.s. in a mul multipolar world where we have relatively less economic power. she's managed through digital state craft, through smafert uses of technology to project a soft power and it's been a great credit to our country and i think it's going to be a real tough thing to put in a bad light. >> you know, and, steve, i don't know about your politics on this, i think i'm a little to her left on a lot of thers foreign policy issues like iraq and the middle east. she's positioned herself just where you want to be, a notch o
. steve hayes, senior writer with the "weekly standard" and fox news contributor. jeffrey cleveland senior economist. and doug cote, chief market strategist with ing investment management. i will start with you, sir, doing, sure looks like investors believe we'll get a deal. what do you think? >> i don't think it matters. really what i'm focused on i know what the budget control act of 2011 is. let's call it what it is. it is a loss. why will there be tinkering in the last few days? as a strategist i will not be able to discount what they're doing. i think they just make it worse. i know what i'm getting. they're balanced on increasing taxes. i don't like increasing taxes. i like pro-growth economics but we need to cut spending. right now the law does it. i think go over the cliff. we know exactly what is going on. i'm concerned about a lot more things around the globe, particularly corporate earnings than i am the fiscal cliff. adam: all right. jeffrey cleveland, you're an economist, which is worse, raising taxes doing austerity all at once? what you do i this? >> i think the biggest prob
. with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so here is where we stand. reid wants to ge
of search people we have loss in the last month, those include francis alwrote oh,-steve chu who died in his early 50 exps a port employee and john kellogg who lived well into retirement and both walter new man and steve injury regarddo of the by deans family who also passed away last week and so if i may asked those two to our adjournment i'll like to add those to our report and that concludes my report. >> is there any other public comment? >>> item seven b informational update on jefferson street. >> ladies and gentlemen i would like to introduce john thomas the department of public words works the department public works and has taken this on together with a number of port staff that will be supporting him so if you would like to. >> good afternoon commissioners director moyer and as al, leaves i would acknowledge that i worked with him before and it's a coincidence we had worked together judge and for me to be here and so i'm here to provide with you a brief update on the jefferson project and judge snow the project extends from jounce street to hide along jefferson and includes
. bring in the panel. steve hayes for "weekly standard." a.b. stoddard, associate editor of the hill. sindcated columnist charles krauthammer. a.b., the res tent numbers-cruncher. what do you make of the back and forth today? >> today was about the drama on both sides and blame game and showing they were going to come and call e want to get down to business before december 31, which is monday. we're not, there are no plans. no paperwork. there are conflicting reports about the meeting. it's all kind of depressing. when you poke arp you find out that the house is returning on sunday. but beyond that, nobody knows anything. >> doug: steve? >> yeah. today, nothing happened other than people using warn-out talking points and a lot of misinformation. harry reid is still blaming grover norquist. send him a memo that norquist took himself out of the discussion a week ago when he backed the house republican plan "b." it's like the old stale talking points. for me, the big picture if you take a step back from this, the big picture story here is one of misplaced outrage. media folks with the c
in or a guy named steve. >> andrea: you hire the guy named steve. >> eric: steve gets the job 100% of the time. freddie both of you are going this can't happen. >> andrea: it's legal. if the hot woman tried to say i didn't get the job because i was too hot. too bad. being hot is not protected -- >> greg: what if you like pudgy guys named steve? >> juan: kimberly said the guys on the iowa court. there is no protected class here. totally crazy, after ten years, what is going on here? wife, on to that. the wife. i think -- are you kidding me? men in the workplace, of course we look at women. >> kimberly: one time i had a fortune to meet too hot for citibank, the puerto rican italian. she was. she's really hot. anyway. >> greg: you could not work anywhere else. >> kimberly: there she is. see what i'm talking about? >> andrea: unfortunately for her, she is not protected. >> kimberly: maybe not a good idea to be too hot. moral of the story. >> juan: you are saying thi this? >> kimberly: unless you work at fox news. hot and smart is not a crime. >> andrea: unemployment rate for hot chicks is zero. >>
is hiring. what do you do? a beautiful nanny comes in or a guy named steve. >> andrea: you hire the guy named steve. >> eric: steve gets the job 100% of the time. freddie both of you are going this can't happen. >> andrea: it's legal. if the hot woman tried to say i didn't get the job because i was too hot. too bad. being hot is not protected -- >> greg: what if you like pudgy guys named steve? >> juan: kimberly said the guys on the iowa court. there is no protected class here. totally crazy, after ten years, what is going on here? wife, on to that. the wife. i think -- are you kidding me? men in the workplace, of course we look at women. >> kimberly: one time i had a fortune to meet too hot for citibank, the puerto rican italian. she was. she's really hot. anyway. >> greg: you could not work anywhere else. >> kimberly: there she is. see what i'm talking about? >> andrea: unfortunately for her, she is not protected. >> kimberly: maybe not a good idea to be too hot. moral of the story. >> juan: you are saying thi this? >> kimberly: unless you work at fox news. hot and smart is not a crim
and well here. >>> i'm steve kornacki in new york. doesn't matter where you are. we are going to slide down the slope if a deal isn't reached. some faster than others. today, what you don't hear in all of this. straight talk when it comes to your wallet. >>> i'm toure. a big day today. anti-fragile. chaos can be good. oh, we'll make them mad today. >> maybe a little too much chaos for us who's still feeling under the weather, s.e. but we have a whole hour of "the cycle" starting right now. >>> it's basketball thursday here on "the cycle" and we have a classic for you as we relate dr. nasmith to the fiscal whatever here in washington. we take you to washington for last night's cavaliers-wizards game, a classic between the boehner-led cavs at 6-23 against the harry reid wizards at 3-22. pay attention, kornacki. cleveland won. the final was 87-84. this even though cleveland's best player irving missed 9 out of 10 shots in the second half and missed 4 out of 6 free-throws with no one guarding him. >> ouch. >> as for my wizards, four turnovers in the final five minutes falling to 3 wins and 23 l
attorney steve greeneberg. okay, kids. this thing about the gun permit holders this kind of thing drives me nuts. we did some looking into this, we can't find any record, i will start with you, steve, of this newspaper, for instance, publishing the sex offenders. those people committed crimes. these people owned guns and legally permitted to do so. what do you think about this. >> it's irresponsible. there is is no real reason for it other than to put these people on some kind of map. i understand their outrage. it may be legal and lawful to share this kind of public information. it's clearly irresponsible. because these people now are going to be subject to potentially thieves coming into their houses, taking their guns, targeting them and so forth. the newspaper's reasoning well it's because of what happened in newtown; >> laura: connecticut. >> newtown, connecticut. right. i'm sorry had someone known that the lady had 18 guns, there is no connection between gun ownership and the kinds of things they are trying to target. >> let me simplify this for you. i will go to anna on this. this ne
, thank you. i want to start with steve on this one. this sunday when given the opportunity to defend hagel, chuck schumer i just mentioned, refused to do so. listen to what this very smart senator from new york had to say. >> that's his choice. i think once he makes it, his record will be studied carefully. but until that point, i think we're not going to know what's going to happen. >> can you support him? >> i'd have to study his record. i'm not going to comment until the president makes a nomination. >> steve, i have a sense that this knocking of this candidate has gone beyond neocons, people of the right. and including people who are just generally pro-israeli which is about most people in politics. i get the fear -- i have to call it fear because i liked hagel, that he may be in trouble now. the shots that have been taken at him about calling it the jewish lobby which is a problem because obviously people are very pro-israeli from the right. to use that term these days is the kind of thing that just ends up causing a lot of problems with people in the middle politically. they'd
steve? >> you would hire the guy named steve. >> steve gets the job because, like both of you are going this can't happen. >> and that's completely legal and if the hot woman says i didn't get the job because i was too hot. too bad. >> what if you like pudgy guys named steve. >> that's a problem. but i think it was totally crazy. after ten years, what was going on here? it was the wife. you were on to that, right? it was the wife. but i think, look, are you kidding me? men in the workplace, of course we look at women. >> one time i had the good fortune to you "too hot for citibanks" do you remember that? do you remember that young lead? she was really hot. >> i cannot work anywhere else, can you? >> there she is. see what i'm talking about? >> unfortunately for her, though -- >> or her credenza. >> she's not protected. >> i think maybe it's not a good idea to be too hot is the morale of the story. >> wait a saying this? >> yeah. unless -- >> there's enough suffering in this world. >> being hot is not a crime. >> the onion always says the unemployment rate for hot chicks is zero. >> i t
involve international politics. steve sadler and his wife janice have owned a cleaner's in albany for 32 years. >> most all the hangers we buy today are made in vietnam or china. >> reporter: the u.s. commerce department says vietnam and china have flooded the markets forcing nearly all u.s. manufacturers out of business. so the feds slapped a 187% tariff on the imported hangers more than doubling the cost to dry cleaners. >> and that certainly did drive the price of hangers up. we were paying probably 4 to 5 cents a hanger and now we're paying anywheres from 8 to 9 upwards of 10 cents a hanger. >> reporter: the co-owner janice says customers notice the price increase. >> customers don't like it but as costs go up for supplies, you have to do it. >> reporter: steve and janice say hangers are hardly worth harping about. the real cost increases are from utilities, chemicals and wages but when you run through nearly 10,000 hangers a month every cent counts and the recycling is encourage. if you have hangers hanging around the house, hand them back in. that's fewer foreign hangers that have
am claudine wong in for pam cook. mark is here for steve and i am liking your forecast. >>> we have been advertising a break-in the rain and as far as temperatures, we are off to a cool start in the of 40s. more cloud cover this morning. >>> i am tracking some more shower chances and i will have more on that in a few minutes. tara has an update on traffic. good morning tara. >>> this is a live look at 880, a lot more folks are out on the roadways this morning and this is a look at 237 near milpitas, traffic is moving on the right- hand side, let's head back to the desk. >>> we begin with breaking news. christian captain is there and what are police saying? >> well, the number one thing is that there were no officers injured. >> reporter: the one suspect in this case is dead. it's still a very active investigation on creek side drive. walnut creek police said it was a domestic violence case which ended in gunfire. there is more than a dozen cruisers from walnut creek police and from the contra costa area. then was actually behind the fence which you might be able to see and we learne
are retired now? caller: yes. host: steve in phoenix, kind of business do you have? caller: i have a trucking company. we move products locally in the state of arizona. the fiscalw how cliff is going to affect me personally. since we cannot produce things, any company that is affected negatively, that will affect us negatively. withn't really do anything any government entities. directly speaking, i don't think it will really affect our customers, because they don't really do the kind of stuff that works with the government. they do the kind of stuff with businesses, manufacturers. the stuff that we carry does not have much to do with defense. a certain group of people say that we need to have cuts. then when the cuts there them in the face, they say not those cuts. that's the real problem. e their owns to gordon ac ox. host: scott is looking to start a business. in "politico" is this article this morning -- in "usa today" -- doc in baton rouge, louisiana, good morning it. caller: i have my own insurance agency. host: talk to us about the fiscal cliff. caller: i am kind of concerned about it.
, steve chew john tell at a wallet tear newman. second may they rest in pees. meeting adjourned at 713 prime minister. merry christmas and happy new year. the term sheets for these projects are expected to be -- by the port commission by 2013 and then off to the board of supervisors for term sheet consideration and possible endorsement and then each of the project would be subject to their own set of transaction document and is so these are proposals only just for the public's benefit. lot 337 and pier 48 in the port's exclusive negotiating agreement with sea wall lot sociabilities affiliated with the san francisco giant, this slide shows is that the area that we are conceiving of the certainty lot a in mission bay was previously a from the period between 1905 and fine 26 it started to be used for what he will use and that is one of the things that drove the filming along the san francisco water front. this is the film today and you will see it in yellow and it really stands out as one of the areas that needs attention in mission bay. as the as you heard so eloquently from david por
inspector steve has been on the site and he can quickly give you a running list of the things that are ongoing.
steve smith. give me one clap. (applause) >> very good. divisional secretary for program and metro coordinator major jack bird. (applause) >> faster, got to be there. harbor light center staff turkey carving producers, we have the harbor light strategic project coordinator who you've seen running around this morning, john mcknight. (applause) >> hey, that's better. from harbor light assistant youth director trey hillary. can't miss him. the tallest guy in the room. maybe second tallest. food service manager shawn bradley who is probably back in the kitchen. let's give it to shawn, right. assistant food manager, anna. all right. (applause) >> and our harbor light residents. [cheering and applauding] >> good, very good. the advisory board, advisory councilmembers who are with us today, harbor light advisory council chairman jim ayers. right over there. (applause) >> harbor light and chinatown core advisory council lilly chin. hey, lilly. chairman of the salvation army metro advisory board and harbor light center advisory councilmember, you all know him, pete ratto. (applause) >> hey,
girls? savannah, thanks. next up, a guy who's been called the best dad ever. steve feeney overcame his own fear of heights to take his daughter on the screaming swing, a ride that certainly lived up to its name. >> never again, thanks, elizabeth! oh, my gosh! o oh! oh oh oh oh! oh oh oh oh! >> and steve and his daughter, grace, are back with us this morning. good to see i both. >> glad to be here. >> steve, what's it like to watch that video again? is it like reliving the ride? >> no. i can't believe i hopped on it in the first place. it's a good thing it happened. it's been a fun ride. >> why did you hop on it in the first place? i know you're afraid of heights. why did you hop on it? >> the ride was in pigeon forge and my wife was behind and in a store or something and by the time we got to the front of the line an adult had to go with her and i decided to go with her. >> did you have to pull dad's leg to get him on the ride. >> i definitely had to pull some. he wouldn't go on it voluntarily. >> what did you tell him? >>> told him, come on, dad, everybody else is going to on it. you'
without steve jobs and the company trying to prove under a new ceo it can still invent things we don't know we needed. number 9, the united states stock market despite the worries about the fiscal cliff and slower growth, the stock market has had a great year. to bad you missed out. smart money lass been in the market. number 8. facebook's ipo. hundreds of millions like facebook but investors didn't on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users hurt the stock which has yet to climb into its ipo price. number 7. mother meier. the new ceo of yahoo to announce she was just going to take a two week maternity leave. 37 years old looks like it's what yahoo needed. number 6 . a intense drought in the midwest that burned the corn and soy sending prices sky high. who can forget sandy? neighborhoods along the northeast september away, millions without power and damages as high as $50 billion raising lots of questions about united states structure and whether we should be spending money to fix it. num
involve international politics. steve sadler and his wife have owned a cleaners in albany for 32 years. >> most all of the hangers we buy today are made in vietnam or china. >> reporter: the u.s. commerce department says vietnam and china have flooded the market forcing nearly all u.s. manufacturers out of business. so the feds slapped a 187% tariff on the imported hangers. more than doubling the cost to dry cleaners. >> that certainly drove the price of hangers up. we were paying probably 4 to 5 cents a hanger and now we're paying up to 9 to 10 cents each. >> reporter: the co-owner says customers noticed the price increase. >> customers never like it but as costs go up, supplies, you have to do it. >> reporter: steve and janice say hangers are hardly worth harping about. the real cost increases are from utilities, chemicals and wages. when you run through nearly 10,000 hangers a month, every cent counts and recycling is encouraged. she says if you have hangers hanging around the house hand them back in. that's fewer foreign hangers that have to be purchased. in albany, don ford, cbs 5
to get back to my christmas list here. let's see. casey dolan gets a girls' scholarship. steve lewis, steve got desks last two >>> good evening, americans, welcome to the ed show. i'm michael eric dyson in for ed schultz. the president cuts his vacation short to come back to washington, d.c., meanwhile, house republicans are literally phoning it in, this is the ed show, and as ed would say, let's get to work. >> this is something within our capacity to solve. it doesn't take that much work, we just have to do the right thing. >> six days away from the fiscal cliff and there are real consequences to millions of americans if no deal is cut. congressman elijah cummings and ryan grim of the huffington post are here with the latest. a tea party giant stages a coupe with his own office. the details on dick armey's hostile takeover. the nra is catching heat from all directions. >> i don't think the nra is listening, i don't think they understand. >> georgetown university law professor, david cole on the growing drumbeat against the nra. >>> six days until the price of milk shoots up to $8 a
iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge of the deal, maybe even p
of december. celebrate however you want, young fella. >>> then, it's steve nash and the lakers. they're taking on the nuggets in denver. the nuggets got taken by the clippers in los angeles. kobe bryant tried to do the same. he went for 40. he has 4 40-point games this season. no one else in the nba has more than one. second quarter, though. that's corey brewer throwing down of a pau gasol turnover. third quarter, things getting physical. kenneth faried driving. hard foul from dwight howard. in fact, it was a flagrant two. and howard was ejected. take another look. referees determined that howard didn't make a play on the ball. mike d'antoni, the lakers head coach, was asked after the game, what did you lose? with howard off the floor, he said, not a whole lot. could have used him there. mcgee throwing down. nuggets win by 12. >>> we have a trio of college bowl games starting on espn this afternoon. hope you'll join us. i'm randy scott. >> thank you. >>> pro athletes can be pretty dapper when they're not on the court or on the field. >> and in the spirit of the season, two of the star players
commissioned by steve jobs is now free to sail to the united states, the designer of the yacht named venus said he was still owed 4 million dollars so it was impounded but now he has reached a settlement with his family. it is still in europe however because bad weather is keeping it at the dock. >>> well, today on ktvu channel 2 news at 5:00, continuing coverage over that fiscal cliff crisis, more on that plus what happens to your paycheck and your monthly income if lawmakers fail to make a deal by january 1st. >>> thanks for trusting ktvu channel 2 news, we are going to see you the next time news breaks also we are always here for you on ktvu.com and mobile ktvu.com, have a great thursday everyone. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as li
very much. thank you. thank you. next speaker. >> good evening. my name's steve and i'm a passionate cyclist as well as a father living on scott and fell. and the reason this needs an environmental impact report is because already, the environment has become hostile. because all the neighbors and business owners know i'm a cyclist i hear every day the grievances how this is a serious negative impact on their lives, on the ability to live in the neighborhood, not only for customers and parking, but for dealing with picking up kids, dealing with even environmental reasons like sound. my house now used to have cars parked out there, they were a nice buffer, now there's a ricochet of a wall blasting on my window. i think i'll stick with the environmental issues because there's a better plan -- i mean the other plans were drawn up to benefit cyclists. i'm a cyclist -- cycling first. this is a four lane freeway, cars going faster, they're using ann and scott on fell cars flip-flop immediately. we have 10 cars -- it's probably the craziest design i've ever seen and by far not safer than the
. >> julie seger watches c-span on verizon. >> on the subject of the fiscal cliff, we spoke to steve forbes this morning and got his take on the subject. host: joining us now is the chairman and editor in chief of forbes media, steve forbes. he will be with us for the next 45 minutes to take your calls. let's start with where we started this morning on "washington journal." have you looked at the fiscal cliff and have you made plans or altered your 2013 spending as a business owner on this issue? guest: the answer is not yet. the big factor will be what happens in health care, which kicks in it in 2013 and 2014. you're kind of immobilize until we get a fix. we are moving ahead on the projects we are doing. people are being cautious. we hope this thing will be successfully resolved and that we do not go into a recession next year. host: how would you like to see this issue played out in washington? what is the best economic solution? guest: the best economic solution is to avoid raising taxes. the best we can hope for is that they kick the can down the road for a couple of months. you are no
'm beginning to follow jesus with steve louisiana tor ret, you're crazy. >> sorry, baby. can't top jesus. >> thank you so much. we'll be right back. [ nyquil bottle ] you know i relieve coughs, sneezing, fevers... [ tylenol bottle ] me too! and nasal co [ tissue box ] he said nasal congestion. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> more good economic news this morning when can tcomes to new home sales. they are up for the month of november and the best in two years. alison kosik is here to break down the numbers. >> this is another sign that the housing market continues to be the brightest bright spot in the economy. new home sales rose 4.4% in november. that's in line with forecasts in showing that the median price for a home is just over $246,000. this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from
. >>> the yacht belonging to steve job is now free to sail. it was impounded, the owner has now reached a settlement. >> former south african president is resting this morning. he was release from the hospital yesterday but doctors still keeping a close eye on him. the 94-year-old spent three weeks in the hospital. he was being treated for air lung infection. >>> hawaii has two united states senators again. the governor picked brian chaps to fill out the term of the late senator. he is a democrat and had been the lieutenant governor. he was one of three candidates considered for the job. the senator died earlier this month. he had served since 1959. >> we are getting a look at one of the 34 twister that swept through the south. this is surveillance video from mobile alabama on tuesday showing the fury of one tornado. you can seat cars being thrown around outside this walgreens. inside the store people ran for cover while the winds knocked down shelves. hundreds of thousands of people in the south are still without power. freezing temperatures and thunderstorms are complicating efforts
the country. dennis: the white stuff isn't bad news for everyone. record snowfall means big business for steve resorts. we got the ceo. shibani: let's look how the ten year treasury is fairing down four basis points. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> i am adam shapiro with your fox business brief. a tough day for the market with a few days left before tax hikes and budget cuts go into effect. harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be in
this year. >> number 10, apple the first year without steve jobs and a company trying to prove under a new ceo it can invent things we needed we didn't know and would still buy. >> number 9, the u.s. stock market despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number 8, facebook's ipo, hundreds of millions of people like facebook, but investors did not. on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummelled the stock which has yet to climb its way back to its ipo price. >> number 7, mother meyer. the new ceo of yahoo who announced she was going to take a two-week maternity leave. it looks like a mother's touch is just exactly what yahoo needed. >> number 6, mother nature. a drought in the midwest that scorched the corn and soy crop sending prices sky high. who can forget superstorm sandy. damages
. >>> weather is the only thing keeping the late steve jobs' yacht from leaving port in a.m. dam. until now it had -- amsterdam. until now it had been impounded by the ship's designer who claim the estate owed him money. the estate paid to resolve that dispute. the yacht will likely stay in port because of weather. the 127 million dollar vessel is headed for california. >>> crab fishermen authority of the bay area will get two more weeks of unwanted vacation. california department of fish and game has moved back the start of the season to january 15th. the season was supposed to begin at start of december for men seen know county and points north. fish -- fish and game says the crab has not yet developed enough meat. >>> 5:17. we want to keep an eye on what is a not storm today, just today. >> we get a break today. >> is that an official weather term, a not storm? >> yes,, okay. >> thanks for pretending along. >> yes, if katie says so, it is to be. is what i was told. good morning, from sutro tower you can see it is quiet across san francisco towards the east bay hills. cloud cover no rain
margie omero, and chip saltzmann. i want to talk about with what steve la tourette had to say today being interviewed on cnn. >> this isn't a one party or a one house problem. this is leaders of both parties and all branches of the government not willing to make the deal they know they have to make. everybody wants to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think tha
for the most expensive co-op ever sold in new york. and number four, steve wynn. he bought this luxurious condo. also in new york city. $70 million. the apartment which was once the hotel's ballroom has 14 rooms and over 10,000 square feet of space. whic is massive for new york. number three, we are still in new york were a russian billionaire bought a penthouse on central park west for $89. he reportedly bought it for his college age daughter to use when she's in town. i hope she's countable there. number two, this lavish new york city duplex penthouse with jetliner views of central park. the 11,000 square-foot penthouse was originally listed for $110 million. but the buyer is anonymous. i can tell you it is. the most expensive home by 2012, look at this. it is in montana. the billionaire owner of the st. louis rams bought this range. the final sale price not yet revealed. but if he paid nearly 1.5 million asking price, it would have been by far the biggest residential real estate sale in the u.s. this year. i could use a ranch house. that would be nice. coming up, forget the fiscal cliff. a s
't heard back yet. steve moore is here with us. if th strike happens, some estimates say $1 billion per day hit to the economy. >> yeah, the's no question. if you -- you used the right word, cripple the economy. the ports in this country are the backbone of our trade, both export and imports and i've read estimates of $100 billion or more comes in and out. so it cook devastating, and reverberate throughout the economy. retailers, whesalers. food distributors, everybody would be affected by the strike if it goes forward. >> exactly what do the unions want and what is management willing to do? how far apart arehe two groups? >> it's inresting. they're not really -- normally in a wage dispute with the union,ettes it's about wages and benefits but in this case it's not. what the unions are objecting to, according to the media reports i've been seeing, is theybject to new kinds of work rules and new kinds of efficiencies that the port systems want to put in place to make the ports more productive, lower costs. that's happening -- you cover these markets every day. it's happening in every industr
importantly trying to put people of color in positions of thofrt. >> at least when it comes to elected. steve, massachusetts will also have a special election most likely in spring after john kerry's expected confirmation. and scott brown with a command been lead in a lot of the polls. can any democrat give him a run for his money? >> i think so. i think several members have talked about running. it's a very democratic state. i think the republican party brand is at an all-time low. by the time we get to the special election in march or april, it will probably be lower based on the performance this week, so i think we'll have a real good shot. the white house and party are going to commit to do whatever they can to make sure we're competitive. >> can i respond quickly? >> very quickly. >> scott brown is a different kind of republican, very moderate. most massachusetts individuals really like him a lot. his only downfall is he was running for reelection in a heavy presidential year. >>> a major turning point for the housing market. we'll have that next. >>> president george h.w. bush is in gua
. he still makes more than the late steve jobs, he had a $1 salary every year over his stock options. it is easy to say he is being punished for the stock price decline in apple but i think it was set up before, the precipitous decline. tracy: should heat man up and take $1? lori: i think a company like apple with its huge cash turn and the money it makes probably one of the toughest ceo jobs, probably earns it. tracy: plenty of apple products. lori: we should really judge, that is what the board is for, all of these -- tracy: very diplomatic of view. new applications for jobless claims fall to a five year low. is this a sign of real progress or a technicality tied to the holidays? economist and senior fellow kevin hasset at that. lori: major trading partners around world. it is stronger, people flocking to the dollar, flocking to u.s. treasurys, running out and raising for the exodus, u.s. equities market, it is the fight for equality under way. we're back after this. tracy: three trading days left in 2012. all eyes on the fiscal cliff, sandra smith looking at our commodities are re
on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok.
. and then, you know, i don't think we've run this bite enough. >> tim geithner told steve liesman. >> i have it ready. >> that he is we should show it multiple times. >> tt is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest -- remember, it's only 2%. and all of those americans get a tax cut on the framework of the first $250,000 of their income. >> yeah, yeah, you still get the 250, andrew. they love that. what does oh, absolutely mean, bob? >> maybe it means his favorite movie was "rebel without a cause." >> go the. >> i guess it's letting the other side know you're willing to go eyeball to eyeball with something that is terrible. >> i see both sides pretending to say, yeah, we're doing all we can, but it's almost just like this -- like boehner just said, hey, you guys, you happen, in the democratic-controlled senate, you put a bill together. i'd love to consider it. he can't get his guys to consider a democratic bill. >> as long as they feel like they ca
will be joined by steve forbes. later, discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. "washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books on increasing stock prices. she spoke about what she described as the corporate world in the effort to maximize profits in the short term, but but greater the long-term value of any company. [applause] >> good evening, everyone, and welcome. professor lynn stout is a distinguished professor at the cornell university law school. our work focuses on the intersection of law, business, and morality -- her work focuses on the intersection of law, business, and morality. she has worked with many organizations around the world, including the clinton global initiative. in 2012, she was named tom on the economy -- top on the economy. her new book is the shareholder yth.es met please welcome professor lynn stout. [applause] >> thank you, charles, for that kind introduction. i want to start by saying what an honor it is for me to speak in f
, apple. the first year without steve jobs and a company that's trying to prove under a new ceo that it can still invent things that we didn't even know we needed that we would buy, faster than anything's ever been sold in personal technology before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced that she was just going to take a two-week maternity leave, as she was going to try to turn this company around. 37 years old, it looks like a mother's touch is exactly what
. up next is steve forbes. >> later, more members -- interviews with retiring members of congress. retiring nebraska senator bill nelson -- he served two terms and was part of the so-called gang of 14 to negotiate a compromise over judicial negotiations. 40 minutes later, interviews with two retiring house members. first, california republican jerry lewis, who chaired the appropriations committee. later, a conversation with california democrat lynn woolsey. >> i enjoy that it is straight forward. it is comprehensive. it has what is happening without a pundit interjecting. that is what i really appreciate about c-span. is a great resource for anyone looking to become more familiar with how government works. >> julie watches c-span on bryson. c-span -- created by america's cable companies in 1979. brought you as a public service by your television provider. >> a look at the u.s. capitol here, where work continues in an effort to avoid the so-called fiscal clift of tax hikes and spending cuts that will take effect jan. 1. earlier, the house dabbled in for a pro forma session with no
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